HSHP
Himalaya ShippingHSHP
HSHP
About: Himalaya Shipping Ltd is an independent dry bulk company that focuses on owning and operating its Newcastlemax dry bulk carriers.
Employees: 2
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
16% more funds holding
Funds holding: 56 [Q2] → 65 (+9) [Q3]
0.59% less ownership
Funds ownership: 18.66% [Q2] → 18.07% (-0.59%) [Q3]
8% less capital invested
Capital invested by funds: $74.5M [Q2] → $68.6M (-$5.91M) [Q3]
40% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 25
Research analyst outlook
We haven’t received any recent analyst ratings for HSHP.
Financial journalist opinion
Positive
Benzinga
2 weeks ago
Top 3 Industrials Stocks You'll Regret Missing In December
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
Positive
Seeking Alpha
2 months ago
Himalaya Shipping: Speculative Bet On Strong Capesize Market
Himalaya Shipping delivered strong 2Q24 results with increased revenue, and operating income. HSHP's fleet, consisting of 12 Newcastlemax vessels with dual-fuel LNG propulsion, ensures higher TCE rates and compliance with environmental regulations. Despite a highly leveraged balance sheet, HSHP's valuation is attractive at 82% PNAV, making it a speculative yet promising investment in the dry bulk segment.
Positive
Investors Business Daily
4 months ago
Cheap Stocks To Buy: Gold Stock, Argentine Bank Near More Time For A Bullish Set-Up
Himalaya Shipping also needs time to build a new good base.
Positive
Seeking Alpha
9 months ago
Himalaya Shipping: Newcastlemax-Only Play For Shipping Growth Investors
Himalaya Shipping is a top pick for shipping growth stocks. The company owns a top-notch fleet of Newcastlemax bulk carriers built in 2023/2024 with dual-fuel LNG propulsion plants. The bulk carriers market is getting stronger, with increasing demand for Capesize/Newcastlemax vessels due to growing exports of iron ore and coal. HSHP has a leveraged balance sheet, which is expected given its new fleet. The company's liquidity will improve with stronger day rates, mitigating the financial risk.
Positive
Seeking Alpha
11 months ago
Himalaya Shipping: High Risk, Potentially Higher Reward
Himalaya is a new player in the dry bulk industry with high leverage and potential for exceptional returns in a bull market. Having taken delivery of a majority of its fleet of 12 newly-built Newcastlemaxes, the company will soon start paying a dividend. Himalaya's strategy is to keep its vessels on index-linked charters to maximize earnings and to pay out essentially all of its free cash flow to shareholders.
Charts implemented using Lightweight Charts™